Tech Rebound, Crude Slide Lift Wall Street Pre-Bell; Asia Mixed, Europe Up

06:35 AM EST, 11/02/2026 (MT Newswires) -- Wall Street futures pointed moderately higher pre-bell Monday as traders waded back into tech shares after last week losses, and weighed declining oil prices. In the futures, the S&P 500 rose 0.5%, the Nasdaq inclined 0.9% and the Dow Jones was up 0.6%. The VanEck Semiconductor exchange-traded fund (SMH), a proxy for the sector, traded up 1.6% pre-bell. West Texas Intermediate crude oil traded down 4.5% to $99.40 a barrel, on media reports of Middle East negotiations to possibly forestall hostilities. On the bond markets, US Treasuries were steady, at a 4.92% yield. Marriott International (MAR) plans to report earnings in pre-market hours, among others. Apple (AAPL) and Palantir Technologies (PLTR) report after-bell. In the earnings front, blue chips Advanced Micro Devices (AMD), Amgen (AMGN), Qualcomm (QCOM), McDonald's (MCD), Shopify (SHOP), Uber Technologies (UBER), and ConocoPhillips (COP) report later this week, among others. Investors this week also await the September Job Openings and Labor Turnover Survey, or JOLTS, report on Tuesday from Washington, and the October national employment report on Friday, for insights into how labor markets are faring under higher energy prices. Asian exchanges traded choppily overnight, while European bourses inched north midday on the continent. On the economic calendar is the S&P Global final US manufacturing purchasing managers index report for October at 9:45 am ET. The ISM October manufacturing index, and the September construction spending bulletin, log at 10 am. Federal Reserve Chicago President Austan Goolsbee is slated to speak on Monday. In pre-market action, Bitcoin traded at $77,846, spot gold commanded $3,916 an ounce.